Articles on: VAT application in invoices

Which Type of VAT is Appropriate for a Non-chargeable Goods?

If you are a VAT payer and you want to invoice an item that is non-chargeable (e.g. deposit, security deposit, etc.) you need to add the VAT5 type with a 0% rate to your settings.


How to do this?

  1. Select SETTINGS from the menu bar
  2. Select TYPES OF VAT in the sidebar
  3. Add the VAT5 type with 0% RATE
  4. Confirm the settings by clicking SAVE CHANGES
  5. When writing an invoice, select the VAT5 type with 0% RATE and no VAT will be added to the price of the item

Updated on: 30/05/2024

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